by Money Guy | Feb 2, 2023 | Ask the Money Guy, Blogs, Financial Planning
In this highlight, we discuss if you should include your employer match in the 20-25% savings goal.
by Money Guy | Apr 30, 2021 | Podcasts, Featured
It’s shocking that 35% of American employees are leaving free money on the table by not getting their employer match. 401(k) accounts tend to hold the largest amount of assets in the average portfolio. In fact, 80% of millionaires invested in their 401(k) match...
by Money Guy | Sep 11, 2020 | Blogs
Money doesn’t come with an instruction manual, and it can be difficult to know how to optimize every dollar. The basics are simple enough; saving for retirement is good, high-interest debt is bad, but what about beyond the basics? High-level financial mistakes, like...
by Money Guy | Sep 4, 2020 | Blogs
Congress created what we know today as 401(k) plans by adding a provision to the Revenue Act of 1978 which allowed employees to avoid taxation on deferred compensation. The plans didn’t begin to take off until 1981, when the IRS started allowing employees to fund...
by Money Guy | Aug 21, 2020 | Blogs
Some financial mistakes are more harmful than others. It’s extremely important to get the big stuff right. Not only do you build a solid foundation, you also create a margin for error so that smaller “mistakes” don’t hurt as much. For example, if you get the big...
